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DraftKings Stock Over 3% Down At Session Start On Tuesday

ViaNews Editorial Team

December 8, 2020

DraftKings Stock Over 3% Down At Session Start On Tuesday
Shares of DraftKings slid 3.94% to $46.04 at 10:05 EST on Tuesday, after two successive sessions in a row of losses. The Nasdaq Stock Market is jumping 0.45% to $12,520.00, after three sequential sessions in a row of gains, on what up to now seems, a somewhat positive trend trading session today. DraftKings's last close was $49.25, 39.42% under its 52-week high of $64.19.

DraftKings's Revenue

Year-on-year quarterly revenue growth grew by 98.2%, now sitting on 423.22M for the twelve trailing months.

DraftKings's Stock Top and Bottom Yearly Value

DraftKings's stock is valued at $46.04 at 10:05 EST, way under its 52-week high of $64.19 and way above its 52-week low of $10.06.

DraftKings's Moving Average

DraftKings's worth is higher than its 50-day moving average of $44.01 and way higher than its 200-day moving average of $40.97.

Previous days news about DraftKings

DraftKings stock falls after J.P. Morgan analyst gives a not-bullish endorsement. According to MarketWatch on Mon Dec 7, "Shares of DraftKings Inc. fell 1.4% in midday trading Monday, after J.P. Morgan analyst Daniel Politzer gave the online-gambling and fantasy-sports company a not-quite bullish endorsement."

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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